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G20 are working on investment in Africa

G20 are working on investment in AfricaCountries of G20 are keen to implement some rules, that will investment conditions in Africa, German Chancellor Angela Merkel said on Monday.

Merkel also added she believed it was urgent for more direct foreign investment to flow to the continent.

While speaking at a news conference at the close of the G20 summit in Chinese city of Hangzhou, Merkel mentioned there was 10 times as much direct investment in the European Union as in Africa.

"What is urgently needed is that there is more direct investment in Africa," she said. According to Merkel, another issued related to talks about fighting climate change and trade issues.
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